How Sandeep Tandon, the man who delivered most returns, got a Sebi rap
Synopsis
Quant Mutual Fund, which currently manages INR90,000 crore, has grown to this size within a span of seven years on the back of solid performance. The credit goes to its founder Sandeep Tandon. But as the fund now faces a Sebi investigation, the responsibility is also his.
When market regulator Sebi raided the Mumbai office of Quant Mutual Fund for alleged front-running, there were lot of murmurs about this to be expected. On the other hand, Quant Mutual Fund has sent a note to its investors saying “they are co-operating with the regulator.” “We want to assure you that Quant Mutual Fund is a regulated entity, and we are always fully committed to cooperate with the regulator throughout any review. We will provide
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